Date post: | 06-Nov-2014 |
Category: |
Documents |
Upload: | ben-schaal |
View: | 1,481 times |
Download: | 2 times |
Accelerating success.
GenerationsColliers International
By Ben I. Schaal
Generations: A Definition
2
“A group of people who share similar historical and social life experiences of which the effects are relatively stable over their lifetime.”
- Rick Bottiglieri, CEO, Momentum Corporation Ltd
Each generation has specific characteristics and values that shape their social interaction and attitudes towards life.
Baby Boomers (Born 1945 to 1964)
3
Shaped by:
› Civil Rights Movement› Space race› Vietnam› Watergate› Cold War› Large class sizes
Self and career are staunchly connected Invented the 60 hour work week Competitive, materialistic, loyal Message they heard: “You can make the world a better
place.”
Generation X (Born 1965 to 1980)
4
Shaped by:
› Fall of Berlin Wall› Rise of AIDS› Development of World Wide Web› O.J. Simpson trial› Divorce› Financial insecurity
Less likely to define themselves by their careers Likely to change jobs; loyalty not a big value Realistic, cynical, addicted to change Emphasis on family and need for freedom Message they heard: “You’ll never do as well economically
as your parents did.”
Generation Y (Born 1981 to 2000)
5
Shaped by:
› Terrorism› Heroism› Patriotism› Dot-com boom and fall› “Wired World”
Crave freedom and fun – do not want to sacrifice Work to live, not live to work – compartmentalize work Do not feel the need to “pay dues;” want instant gratification Positive, optimistic, close to parents Message they heard: “You are super! You can do anything you
want!”
6
Some information on local panelists . . .
How old were you when you first traveled on an airplane?
Boomer 22Boomer 14Gen X 15Gen X 10Gen Y 12Gen Y 5
7
More on our panelists. . . .
On a scale of 1 to 10 (1 = not important at all, 10 = very important) how important is it that you be paid very well?
Boomer 10/9Boomer 8Gen X 9Gen X 8Gen Y 8Gen Y 7/6
8
More on our panelists. . . .
On a scale of 1 to 10, how important is it to you that you be able to wear comfortable clothing in your work environment?
Boomer 2Boomer 7Gen X 4Gen X 4Gen Y 9Gen Y 8
9
More on our panelists. . . .
On a scale of 1 to 10, how important is flexibility to you?
Boomer 10Boomer 10Gen X 9Gen X 7Gen Y 8Gen Y 8/7
10
More on our panelists. . . .
Were you asked your opinion on family decisions in your family of origin?
Boomer: “No, I was not involved at all.”Boomer: “No, my dad would issue pronouncements.”Gen X: “I would say . . . NO.”Gen X: “I was not consulted.”Gen Y: “We were asked our opinion, but I’m not sure we influenced anything!”Gen Y: “Yes, for vacation decisions and pets.”
11
Communication…
In general, Boomers believe that Gen X and Gen Y overestimate their written and oral communication skills
Gen Y was 5 times more likely than Boomers and 2 times more likely than Gen X to find social networking sites valuable for building relationships
“Instant messaging has had an adverse impact on clear communications.”
42% of Baby Boomers agree with this statement41% of Gen X agree with this statement28% of Gen Y agree with this statement
Survey said we agree . . . .
12
› Employers owe employees competitive salaries and benefits
› Employers owe employees fair treatment
› Employers should provide employees with interesting and challenging work that creates opportunities to learn, grow and advance
› Employees need to adhere to firm guidelines and support the goals of their supervisors
› Employees should make sacrifices to help the team succeed and “go the extra mile”
Best Practices…
13
› Measure success and performance by results, not notions of face time and volumes of hours worked
› Be open to perspectives different from your own: One person’s “no big deal to miss” is another’s significant sacrifice
› Challenge staff to make the task more efficient after they have done it once
› Create a clear learning path to career advancement with well marked milestones
› Similarly, create a clear project path with well-marked milestones in projects
Thanks!